Tag: New Law

New Anti-Corruption Regime for Commercial Organisations in Malaysia

The MACC Amendment Act introduces a new Section 17A, which provides that a commercial organisation is deemed to commit an offence if any person associated with the commercial organisation corruptly gives, agrees to give, promises or offers to any person any gratification to obtain or retain business or advantage for the organisation. Subsection 17A(6) stipulates that a ‘person associated’ with a ‘commercial organisation’ may include directors, partners, and employees of the commercial organisation, as well as any person ‘who performs services for or on behalf of the commercial organisation’.

Legal Technology Transformation

Going beyond Risk & Compliance – Legal Functions Embracing Digital The Deloitte Legal Management Consulting team has been working closely with in-house legal teams as they transform their operations. Forward-looking General Counsels (GCs) and their teams are developing or refining their strategies to align with the […]

Legal Technology: The GC Conundrum

The General Counsel (GC) is changing from a legal expert and risk mitigator to a business enabler. The best of this new breed of GCs are agile, on the ground, close to the business, and engaged up-front with their organization’s design and technology teams, enabling them […]

Legal Entity Management – Beyond Compliance

Introduction Recently corporations, regulators and the public have been embroiled in fierce debates about CO² emissions, money laundering, and the OECD’s BEPS initiatives. All of these have involved risk to the reputations of hitherto highly respected organizations. Now entity management compliance is coming into the public […]

Australia’s raised bar in Whistle-Blower Protection – New Time-sensitive Requirement for Employers

Australia’s whistle-blowing laws and program launches on July 1st 2019. The expanded corporate whistle-blowing program provides Australian employees with potentially the highest level of disclosure protection globally.  Likewise, Australian employers will likely be setting a new standard. While companies will have until January 1st, 2020 to […]

Does your Ethics Line comply with the PRC Cyber-Security Law?

If your company employs in China, your ethics line should also be hosted and managed locally. Deloitte Legal 勤理recently launched a China based ethics hotline, helping our clients in China to uphold a culture of ethics and integrity as well as best practices in risk management, […]

Top 12 aspects to implement for an Effective Whistle-blower Hotline

A whistle-blower hotline is often a key component of an effective corporate compliance and ethics program. Research reveals that internal employee hotlines facilitate the detection of unethical or unlawful conduct, as tips are the most common detection method for suspected wrongdoing in companies with or without […]

Blockchain – Legal implications, questions, opportunities and risks

Blockchain is increasingly in the news, but still primarily as the underlying software used for cryptocurrencies such as Bitcoin. Many businesses have yet to realize its potential and the extensive ways in which blockchain can be used to make processes more efficient or to develop new […]

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Report on NewLaw from the ReInvent Law Conference

Two significant and unrelated legal industry events made news among the 800+ delegates at the ReInvent Law conference in New York on February 7. The collapse on February 5 of Heenan Blaikie, an establishment Canadian BigLaw firm, and the announcement on February 7 of British Telecom’s appointment of […]